The profit of a consortium by oil producers Exxon Mobil , Hess and CNOOC in Guyana increased 64% last year to $10.4 billion, ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...

During the pre-market trading session on Monday, Shell PLC (NYSE: SHELL) and Occidental Petroleum Corp (NYSE: OXY) climbed ...

Exxon Mobil is positioning for the next upcycle by focusing on low-cost, highly profitable projects, especially in Guyana.

Amid a reduction in its global workforce, Chevron plans to lay off over 200 Midland County employees on July 15.

Though ExxonMobil believes it will win its Guyana-related arbitration against Chevron and Hess, it will be “business as usual ...

This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron regarding their rights to one of the world’s most lucrative oil projects.

Exxon Mobil senior vice president Neil Chapman announced on Thursday that the arbitration proceedings for Exxon Mobil’s ...

Exxon Mobil Corp. said it will be “business as usual” in its massive Guyana oil field if it loses its arbitration case against Chevron Corp. and Hess Corp.

Exxon Mobil's arbitration with Chevron over the acquisition of Hess has concluded. A decision is expected in two to three ...

Battle of oil titans Chevron and Exxon over Guyana oil project could impact top energy ETFs. M&A, arbitration, and activist investors add to the stakes.